THAILAND has strong potential to succeed in developing an electric vehicle (EV) industry as one of the country’s new growth sectors due to its existing position in the global automotive market, according to Dick Hsieh, president of Delta Electronics (Thailand).

HSBC has appointed Kelvin Tan as chief executive officer for Thailand with effect from July 1. He succeeds Tan Siew Meng, who will be taking up the newly created role of Regional Head Global Trade and Receivables Finance, Asia Pacific, HSBC.